The Brexit deadlock has undermined efforts to boost the UK economy, the chairman of the government’s Industrial Strategy Council has told Newsnight.

The council holds the government to account over its industrial strategy.

Andy Haldane, who is also chief economist of the Bank of England, said it was “plausible” that one of the “costs of Brexit is that not as much other stuff has happened as might.”

But he added that the strategy could still lift the UK’s prosperity.

The industrial strategy, launched by Business Secretary Greg Clark in 2017, aims to create a more balanced economy by investing in certain sectors to create good jobs.

“In the absence of Brexit, might more have been done? Perhaps,” Mr Haldane told the BBC.

But he stressed that the strategy was a

Read More At Article Source | Article Attribution